EU's 750b euro deal seen lowering region's risk premium

French President Emmanuel Macron speaks during a joint video press conference with German Chancellor Angela Merkel (not pictured) at the end of the European summit at the EU headquarters in Brussels, Belgium July 21, 2020. John Thys/Pool via REUTERS

LONDON: Stock markets across the European Union opened higher on Tuesday after the bloc's leaders clinched an "historic" deal on a massive stimulus plan for their coronavirus-throttled economies.

The Euro-zone blue chips index was up 1% and Germany's DAX rose 1.1% to five-month highs.